1. Market Research
  2. > Automotive Market Trends
Asia-Pacific Testing, Inspection & Certification Market to 2027 - Regional Analysis and Forecasts By Sourcing type ; Service Type ; and End-User

Asia-Pacific Testing, Inspection & Certification Market to 2027 - Regional Analysis and Forecasts By Sourcing type ; Service Type ; and End-User

  • July 2019
  • 152 pages
  • ID: 5806300
  • Format: PDF
  • By The Insight Partners

Summary

Table of Contents

Search Inside

The Asia-Pacific testing, inspection & certification market accounted for US$ 79.73 Bn in 2018 and is expected to grow at a CAGR of 6.3% over the forecast period 2018–2027, to account for US$ 136.00 Bn in 2027. The consistent technological advancement, along with the integration of automated solutions into production and manufacturing processes, has gained attraction for numerous certification, testing, and inspection requirement. Besides, the continuous improvement in industry practice towards achieving superior levels of quality control and workplace safety continues to drive the demand for improved and efficient testing, inspection, and certification based requirements. Factors such as a rise in gross domestic product and industry value add owing to an increase in demand from end-users is also anticipated to provide a steady revenue stream for the market players during the coming years. Thus, technological advancements are expected to positively impact the testing, inspection & certification market in coming years.
The existing large number of regulatory and government agencies along with trade watchdogs based institutional organization has facilitated in the seamless implementation of numerous trade practices and safety norms.Moreover, the limited inter-governmental cooperation, along with different jurisdiction restriction has resulted in the prevalence of a notably significant number of rules, certification, guidelines, and compliances related regulatory norms for various end-users.

However, the recent improvement in inter-governmental cooperation through improving international trade flow along with simplification of complicated regulation has gained traction resulting in a rise in the number of outsourced and robust TIC-based regulatory guidelines. Additionally, the prominence of free trade agreements and special economic zones approved through multiple countries deal especially across emerging economies is expected to provide numerous inspection, testing, and certification based market opportunities for the market players operating in the testing, inspection & certification market during the coming years.
The Asia-Pacific testing, inspection & certification market is fragmented with the presence of several industries, and the competitive dynamics in the testing, inspection & certification market is expected to change during the upcoming years.In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the Asia-Pacific testing, inspection & certification market further.

For instance, the governments of various economies of the Asia Pacific region are taking initiatives to boost their country’s manufacturing sector.Some of these initiatives include ‘Make in India,’ and ‘Made in China 2025’ among others.

Also, the governments of various developing economies in the region are providing tax-rebates, funds, subsidiaries, and other such provisions to support the manufacturing industry. Emerging manufacturing hubs in countries of the Asia Pacific region is anticipated to influence the global trade atmosphere; thus, driving the testing, inspection & certification market.
The testing, inspection & certification market by service type is segmented into testing, inspection, and certification.The inspection includes checking of goods for compliance with the required specifications.

The process is often conducted at the manufacturing factory and chiefly emphasize checking construction, appearance, and basic product function.Another primary purpose of the inspection is to help identify and address quality defects in the products before final packaging.

The process generally uses an acceptance sampling method such as acceptable quality limit (AQL) for inspecting a random sample. The examiner can classify quality defects on the basis of their severity and issue a “pass” or “fail” result for the product using AQL.
The overall Asia-Pacific testing, inspection & certification market size has been derived using both primary and secondary source.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia-Pacific testing, inspection & certification market.

It also provides an overview and forecast for the Asia-Pacific testing, inspection & certification market based on all the segmentation provided for the Asia-Pacific region.Also, primary interviews were conducted with industry participants and commentators to validate data and analysis.

The participants who typically take part in such a process include industry expert such as V.P.s, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia-Pacific testing, inspection & certification industry. Some of the players present in testing, inspection & certification market is SGS SA, ALS Limited, Applus Services, S.A., Bureau Veritas, DEKRA Automobile GmbH, DNV GL, Eurofins Scientific, Intertek Group PLC, TÜV Rheinland AG, and TÜV SÜD AG among others.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Testing, Inspection & Certification Market to 2027 - Global Analysis and Forecasts by Sourcing Type; Service Type; and End -User

Testing, Inspection & Certification Market to 2027 - Global Analysis and Forecasts by Sourcing Type; Service Type; and End -User

  • $ 4550
  • June 2019

The global testing, inspection & certification market at US$ 243.21 Bn in 2018 and is expected to grow at a CAGR of 5.2% during the forecast period 2019 – 2027, to account to US$ 379.89 in 2027. The ...

Home Care in Malaysia

Home Care in Malaysia

  • $ 2650
  • February 2019

In 2018, moderate performance was recorded for home care as consumers perceive home care as fundamental to their daily lives. With the growing awareness among consumers in Malaysia, consumers are constantly ...

2019 Global: Articles Normally Carried In Pocket Or Handbag Products-Manufacturing Forecast (2025) report

2019 Global: Articles Normally Carried In Pocket Or Handbag Products-Manufacturing Forecast (2025) report

  • $ 795
  • April 2019

The 2019 Global: Articles Normally Carried In Pocket Or Handbag Products-Manufacturing Forecast (2025) report analyzies the market size, projected growth/decline and regional data for the period 2014 through ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on